Endogenous Technology Transfer: What is the Right Price?

Abstract

Professor Sato has made very valuable contributions to the analysis of international competition in which both technological rivalry and transfer of technology play a crucial role. These influences are also patently important in reality, and to understand them fully it is necessary to investigate the mechanism by which the technology transfers are carried out. This essay seeks to contribute to the study of the transfer process.

Keywords

Arena Lost Monopoly Alloca Oligopoly

I am very grateful to the Russell Sage Foundation and the C.V. Starr Center for their support of this project. I am very indebted to Robert Willig for the underlying idea.